60 Seconds Binary Options Extreme Nemesis

The Goal:Binary Options Strategy
The Goal of this Strategy is to identify reversals on week trends, strong trends and waterfalls. By using Relative Strength Index – RSI and other filters.

Indicators List & Settings:

  • Relative Strength Index – RSI :::::::::::::::: Period 4
  • DeMake – DeM :::::::::::::::::::::::::::::::::::: Period 4
  • Money Flow Index -MFI ::::::::::::::::::::::: Period 4
  • Value Chart ::::::::::::::::::::::::::::::::::::::::: Default Setting
  • Trend Direction & Force Indicator ::::::::: Trend Period 3

Alert Indicators:

  • ExtremeNimesis.ex4 : This is a Sound and Notification alert to let you know that the conditions are met for RSI, MFI and DeM
  • extreme nem arrow.ex4 : This is a Sound, Notification and arrow, that only show you and point out the candle you were supposed to be in. this indicator will not show you when to enter, it will show “by arrow” the entry candle. this is helpful for IQoption users if they miss the entry point and at some point the price went back before the 00:02 timer. “Credit to cecil”

Rules:
(General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.)

Buy/Call:

  • RSI: Below 10
  • DeM: At 0
  • MFI: At 0
  • Value Chart: “Optional”
    • 3rd Candle Before the Entry Candle, Below -8
    • 2nd Candle Before the Entry Candle, Shows a Claim
    • 1st Candle Before the Entry Candle, Between -8 & -4
  • Trend Direction & Force Indicator:Show a Clean claim from -1 to the 0 tunnel or close to the 0 tunnel, in 3 candles
    • 3rd Candle Before the Entry Candle, at -1
    • 2nd Candle Before the Entry Candle, show a Claim
    • 1st Candle Before the Entry Candle, show a Claim and close to the 0 tunnel on in the 0 tunnel

Binary Options Trading Strategy

Sell/Put:

  • RSI: Below 90
  • DeM: At 1
  • MFI: At 100
  • Value Chart: “Optional”
    • 3rd Candle Before the Entry Candle, Above 8
    • 2nd Candle Before the Entry Candle, Shows a Drop
    • 1st Candle Before the Entry Candle, Between 8 & 4
  • Trend Direction & Force Indicator: Show a Clean Drop from 1 to the 0 tunnel or close to the 0 tunnel, in 3 candles
    • 3rd Candle Before the Entry Candle, at 1
    • 2nd Candle Before the Entry Candle, show a Drop
    • 1st Candle Before the Entry Candle, show a Drop and close to the 0 tunnel on in the 0 tunnel

Binary Options Trading Strategy

Do not Trade Situation:

  • The 1st Candle Before The entry candle is show no movement “A line Candle”, You can trade that but its a bit risky.
  • The Trend Direction & Force Indicator, does not show a clean drop or claim in 3 candles.
  • Do not preform Martin Gale Strategy after a losing or tied trade, Wait for the conditions to be met again, and your free to MG.

Recommendations:

  • I do not use “I do not like” MG, and I do not recommend people to do it.

Results of this Trading Pattern:

This pattern was test by me for the period of 3 days, so far I have 15 ITM trades and 0 OTM. I will not claim its 100% win as perfection is for god only, but I am still back testing this for a period of 5 month to an year. I will Share a detailed results later, not sure when but I will.

NOTICE: In the next few posts I will try to explain this strategy, explaining the indicators used and why we use them.

NOTICE: RSI, MFI and DeM are a default Indicators in MT4, TPL will not be shared here, as you can create your own. If someone can be kind enough to post a TPL that will be nice.

Download Source Files


(General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.)

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Thomas Jan

Thomas has worked in securities company for 7 years and he was a finance columnist for 3 years,
Now, he is the founder and lead author of Binary Top Gun since 1'st January 2016.
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Thomas Jan

Thomas has worked in securities company for 7 years and he was a finance columnist for 3 years, Now, he is the founder and lead author of Binary Top Gun since 1'st January 2016.